Malaysia has introduced “corporate liability” bill

The lower house of the Malaysian parliament has recently passed amendments to Malaysia’s anti-corruption law. The most high profile of these amendments is the introduction of corporate liability into Malaysian anti-corruption laws. Before this amendment, the Malaysian Anti-Corruption Commission Act (MACCA), which is the primary anti-corruption legislation in Malaysia and was enacted in 2009, was confined to individual liability for corruption offenses. Read our practical summary of the Malaysian Anti-Corruption Commission (Amendment) Bill 2018 and the next steps that your business should take here.